Question
Below is selected balance sheet and income statement information from Hudson & Company. (in millions) 20192018 Cash$1,583.36$1,636.73Accounts receivable835.301,197.16Current assets3,018.334,013.56Current liabilities6,257.953,485.39Long-term debt3,611.6317,620.81Short-term debt4,668.831,133.96Total liabilities26,463.1723,318.42Interest expense1,438.291,666.90Capital expenditures1,211.501,645.48Equity-7,252.904,687.67Cash
Below is selected balance sheet and income statement information from Hudson & Company.
(in millions)20192018Cash$1,583.36$1,636.73Accounts receivable835.301,197.16Current assets3,018.334,013.56Current liabilities6,257.953,485.39Long-term debt3,611.6317,620.81Short-term debt4,668.831,133.96Total liabilities26,463.1723,318.42Interest expense1,438.291,666.90Capital expenditures1,211.501,645.48Equity-7,252.904,687.67Cash from operations685.98610.89Earnings before interest and taxes2,002.841,594.84
Compute the following liquidity, solvency and coverage ratios for both years.
(Round each computation to two decimal places.)
Current ratio
Quick ratio
Liabilities-to-equity
Total debt-to-equity
Times interest earned
Cash from operations to total debt
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